These 5 MA Colleges Pay Off The Most For Students

Five Massachusetts colleges rank among those that pay off the most for students. Students that attend these universities - both public and private - earn the highest average salaries for how much they pay in tuition, according to the analysis conducted by CNBC. The publication’s list names the top 25 public and 25 private universities.

CNBC identified the net college costs for students that come from families that make between $48,001 and $75,000 using data from a non-profit education news organization. The net cost for each college was calculated after taking into account money students get from scholarships and grants.

CNBC then divided the net cost by the amount students are expected to earn once they graduate. (You can see CNBC’s full methodology here.)

In Massachusetts, Harvard (No. 5,) MIT (No. 8) Olin College of Engineering (No. 14) and Williams (No. 16) was on the private list, while the lone Bay State representative on the public universities list was Massachusetts Maritime Academy at No. 3.

Harvard

Average net cost (income $48,001-$75,000): $6,577

Median salary for alumni with 0-5 years of experience: $72,600

Median salary for alumni with 10+ years of experience: $142,600

Salary average, early and mid career: $107,600

MIT

Average net cost (income $48,001-$75,000): $8,633

Median salary for alumni with 0-5 years of experience: $83,600

Median salary for alumni with 10+ years of experience: $150,400

Salary average, early and mid career: $117,000

Olin

Average net cost (income $48,001-$75,000): $10,706

Median salary for alumni with 0-5 years of experience: $81,900

Median salary for alumni with 10+ years of experience: $134,200

Salary average, early and mid career: $108,050

Williams

Average net cost (income $48,001-$75,000): $10,448

Median salary for alumni with 0-5 years of experience: $64,000

Median salary for alumni with 10+ years of experience: $135,500

Salary average, early and mid career: $99,750

Mass. Maritime

Average net cost (income $48,001-$75,000): $10,235

Median salary for alumni with 0-5 years of experience: $67,200

Median salary for alumni with 10+ years of experience: $114,600

Salary average, early and mid career: $90,900

Stanford University topped CNBC’s list. According to CNBC, the net cost for a student from a family earning between $48,001 and $75,000 is just over $4,000 each year. The net cost for a Stanford student is so low because of the university’s generous scholarship awards, CNBC writes.

Stanford graduates have average salaries of $143,100 once they’ve been in the workforce for more than 10 years, CNBC’s report says.

Read the full CNBC report here.